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Property profile & analytics
OFF-MARKET
Estimated value
$3,445,000
Assisted living facilities
299 24th St Rogers, AR 72758-1102
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US05-2410408
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Total area
32,513 SF
Lot
3.64 ac (158,558 SF)
APN
02-13546-000
UPID
US05-2410408
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.45M
Owner & transaction history
Innisfree Estates LLC · 10 yrs held
Innisfree Estates LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rogers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rogers submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$4,095,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,025,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$3.45M
Range $3.10M – $3.79M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$60,957
Tax year 2023
Assessed value
$1,152,314
Assessed 2023
Previous assessed
$1,152,314
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$101,300
Assessed improvement
$1,051,014
Land market value
$506,500
Improvement market value
$5,255,070
Total market value
$5,761,570
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
32,513 SF
Lot
3.64 ac (158,558 SF)
APN
02-13546-000
UPID
US05-2410408
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.64 ac
Current owner
From public records · entity-resolved
Innisfree Estates LLC
Entity
Mailing address
415 ROGERS AVE, FORT SMITH, AR 72901-1903
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2019
—
Innisfree Estates LLC
—
Deed
related
$187,500 · Bank Of Ok
Nov 3, 2015
$5,660,000
Innisfree Estates LLC
Summit Properties-rogers I LLC
Grant Deed
$180,000,000 · Bank Of Ok
Sep 15, 2014
—
Summit Properties-rogers I LLC
—
Grant Deed
related
$6,849,350 · Crossfirst Bk
Jan 25, 2013
$6,746,000
Nea Village LLC
301 South LLC
Grant Deed
—
Jan 25, 2013
—
Summit Properties-rogers I LLC
Nea Village LLC
Grant Deed
$35,000,000 · Bank Of Oklahoma
Jun 7, 2010
—
301 South LLC
—
Trustees Deed
related
$3,920,000 · Bank Of Oklahoma
Sep 19, 2006
$3,993,000
301 South LLC
Innisfree Holdings
Warranty Deed
$3,910,000 · Simmons First Bank Nwa
Aug 19, 2004
—
Innisfree Holdings
Innisfree Nursing Center INC
Quit Claim Deed
related
—
—
—
Innisfree Estates LLC
—
Loan Modification
related
$187,500 · Bank Of Ok
—
—
301 South LLC
—
Deed Of Trust
related
$3,949,000 · Great Southern Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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